With the exception of criminal cases, many disputes can find resolution through Alternative Dispute Resolution (ADR). ADR not only proves to be more cost-efficient than litigation but also provides more advantageous and innovative solutions compared to court-adjudicated disputes.
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ADR, or Alternative Dispute Resolution, is a straightforward approach to settling disputes outside the courtroom. It encompasses four primary forms: Negotiation, Mediation, Conciliation, and Arbitration. In the realm of commercial contracts, Arbitration frequently serves as the preferred mechanism for resolving disputes.
Compared to litigation, most ADR methods are notably more cost-effective. The exception to widespread ADR use is typically found in Criminal Law. Nevertheless, there are cases where victims of accused individuals opted for ADR procedures and found greater satisfaction than letting the state solely penalize the accused without any benefit to them.
In ADR sessions, unlike the adversarial nature of litigation, the process is collaborative, allowing ample space for parties to understand each other’s positions. Often, parties can propose more advantageous and innovative solutions than if the dispute were to go through the court system.
Each ADR procedure involves a third party with an impartial perspective, and in Arbitration proceedings, an Arbitrator delivers a binding Award.
ADR is particularly appealing when parties in dispute wish to preserve their business relationship while addressing the issues that have arisen within it.
Here’s a concise overview of the various ADR processes:
If you’re considering ADR, reach out to our experienced team today. We are prepared to handle your requests with the utmost expertise and attention. We strongly advocate ADR as the premier method for resolving disputes in today’s world.
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